3309 Drysdale Ct
Edwardsville, IL 62025
Am I correct in assuming that if GLD just put in a Head and Shoulders top, that the target area measures down to 125.18?
128.72 (right shoulder bottom) - 139.54 (head)= 10.82 points
136 (upward sloping neckline break) - 10.82= 125.18
Just making sure I was reading that correctly.
Thanks
the head and shoulders all read the same height. this would be more like an accending triangle that already played out.
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GLD Head and Shoulders Top
Posted by magann14 on 26th of Jan 2011 at 04:50 pm
Am I correct in assuming that if GLD just put in a Head and Shoulders top, that the target area measures down to 125.18?
128.72 (right shoulder bottom) - 139.54 (head)= 10.82 points
136 (upward sloping neckline break) - 10.82= 125.18
Just making sure I was reading that correctly.
Thanks
assending triangle
Posted by jasonpuuri on 26th of Jan 2011 at 04:56 pm
the head and shoulders all read the same height. this would be more like an accending triangle that already played out.